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Statement of Financial Position Besides the details mentioned above, the opening stock was $ 3 2 5 , 0 0 0 . Taking 3 6

Statement of Financial Position
Besides the details mentioned above, the opening stock was $325,000. Taking 360
days of the year, calculate the following ratios; also discuss the position of the company:
(1) Gross profit ratio. (2) Stock turnover ratio. (3) Operating ratio. (4) Current
ratio. (5) Liquid ratio. (6) Debtors ratio. (7) Creditors ratio. (8) Proprietary ratio. (9)
Rate of return on net capital employed. (10) Rate of return on equity shares.
(30 marks)
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